tv DW News PBS October 23, 2015 6:00pm-6:31pm PDT
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>> this is dw news live from early and. here came patricia expected to make landfall within the hour on mexico's pacificoast. when gusts up to 350 kilometers an hour. making this the strongest storm ever in the western hemisphere. also on the show. demonstrations turned violent against plans to raise university tuition. president jacob zuma backs down, warning there is no money to put the education bill. a bombshell dropped on the
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pitch. the men who ca after him are lying about not buying the 2006 world cup, he says they had a slush fund to finance the fraud. good to have you with us. the pictures behind me tell the story. she is big, she is powerful, and she is heading for mexico with everything she has got. hurricane patricia is the strongest storm ever recorded in the western hemisphere. a category five hurricane set to slam into the pacific coast of meco within the hour. residents are battening down the hatches and praying that the winds of more than 300 commoners our will spare their homes, businesses, and their lives.
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>> people are bracing themselves for the worst. hurricane patricia's landfall could be catastrophic for the region. it is feared that category five superstorm could be the strongest ever hurricane on record with winds up to 325 kilometers an hour. experts are warning people who live in the region to be prepared. shopkeepers have irritated stores and houses are rejected by sandbags. clicks a think anyone on the coast, it is extremely dangerous. anyone who can get away from the shore, anyone who lives close to the beach should get as far away from that is possible. clicks to researching the warnings seriously. many tried to get flights of the region but with most flights canceled, airports were looking mostly deserted and some found other options and are preparing
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to you the predicted chaos. >> her friend has an apartment that is like a bunker. we are sit up. we have water, food, we will be in meditation and sending prayers for the area. >> authorities are ready for the storms landfall and with 400,000 under threat from the hurricane, whether enough is being done in advance remains to be seen. anchor: good afternoon. we want to let our viewers know it is impossible for you to get near the west coast of mexico because that area has been rdoned off by authorities, correct? what can you tell us, what are you able to e? reporter: there is heavy rain and you can feel strong winds
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and the seas are rough. there are signs warning residents that they need to evacuate. the state of emergency was issued and emergency officials have warned everyone to stay at home. they are rushing everyone home and all the schools have been closed, the airport has been closed, and public transport is suspended. anchor: you have sunny skies in mexico city. the dichotomy of the reality is very start. do people realize what is coming? reporter: yes. everyone has been warned. the media is giving warnings and the government is giving warnings. everyone is following what is happening. there is no panic but everyone is prepared for the storm. we saw residents stocking food.
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anybody has time to pick up their longings and to fortify their houses. they are more or less prepared. anchor: we understand the white house has announced, the obama administration will be closely monitoring the storm and the situation. that speaks to how serious the situation is. is it being communicated in mexico by the authorities and that same level of severity that this could be a historic storm, this could be one of those monster storms? reporter: government is informing all the time and it is doing its best to save lives. they have been evacuating around 50,000 people in the last way for hours in the most affected coastal regions and they are preparing more than 1700 shelters for them. we do not know how big the
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impact will be. probably logistics will become quite compensated once patricia touches down. it will be -- roads are blocked in the poorer regions and the mountains. anchor: it sounds like this is the calm before the storm. just outside of mexico city. thank you very much. francois hollande has described today's road crash near bordeaux as in a months -- and immense tragedy. a truck collided with a bus, most of the dead were retirees on a day trip. authorities say the circumstances of the crash are still unclear. reporter: the aftermath of the tragedy for friends and relatives, the shock of friday's less crashes made worse as they wait for victims to be identified.
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there is no information. i am waiting. but you have some hope. i am hoping, i don't know. i am waiting. >> my father in law survived but i'd not know where he is. apparently i have lost all the rest of my family. reporter: it appears the driver of the truck lost control of his vehicle and a sharp curve on the narrow road and hit a bus full of retirees on a day trip. vehicles went up in flames, killing dozens people. >> the truck veered across the road as the bus was rounding a corner. the driver could see the accident was going to happen. he did everything he could to avoid it but was not able to. he was able to open the doors to allow some of the passengers to
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escape. only eight passengers made it out of the bus alive, some of them suffered severe injuries. the pensioners had just begun their excursion. they were only seven kilometers in their trip to the pyrenees mountains one strategy -- when tragedy struck. this fibers are being cared for and counselors are on hand for the victims' families. the french prime minister traveled to the crash site to pay their respects. it is a terrible shock for this region. it is a terrible shock for france. today france and the french are in mourning. it is the country's deadliest road accident in more than 30 years. what everyone wants to know, how could something like his happen?
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anchor: south africa's first postapartheid generation known as born free for the first time have raised their voices and their fists in protest saying they will not be left to pay the bill for their education. thousands of students tried to storm a government compound in the capital pretoria on friday to protest plans to increase tuition fees. president jacob zuma has given into the students' demands saying there will be no increase in fees, at least not in dear. we do not know who will pay south africa's higher education bill. we have this report. reporter: chaotic scenes outside pretoria's union buildings. the climax of the week of student protests against tuition fee hikes. inside, jacob zuma was holding talks with student leaders. many here were bored -- born in a postapartheid south africa and are angry at the poverty they
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still experience. >> we're asking similar to relent the policy. [inaudible] security forces were called in when groups of protesters broke through a fence surrounding the government buildings. police used stun grenades, rubber bullets, and water cannons to disperse the crowds and put out fires. security concerns also forced zuma to cancel a planned outdoor speech to the students. instead, he went before the media to announce that the proposed fee increases would not be implemented as planned in 2016. >> in the long-term, there is a package of issues that was raised [indiscernible] that needs to be followed up.
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these include free education, institutional economy, racism. reporter: issues many say they have been promising to self since they came to power in 1994. with the biggest student movement emerging people are demanding the government deliver results. anchor: now to our correspondent in johannesburg. there is a lot going on with the story am a isn't there? let's just talk about the education costs at the moment. the announcement that there will be no tuition fees at least within this year, isn't it just a band-aid on the situation? it is no real fix, is it? reporter: it is not a real fix. definitely not. they were students who were feelng they had such a victory when they heard tuition fees are
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not going to be raised but there were a lot of students that said this does not make that much of a difference for us. a lot of students do not pay the same tuition fees, it depends on your study and the year you are studying but a lot of students pay about 5000 euros per year. some 8000. if you think that average household's income, a black family inside south africa is only 4000 euros for the year, there is no way that most families can send their kids to school and that is the real issue here. anchor: how has the government tried to justify this tuition increase considering the economic reality there as you describe it? reporter: first came from the universities and that is from the government. once nelson mandela studied their, they said last week they went to raise the fee.
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that is where it started. and then it spiraled out of control. the university is saying if we want to deliver high-quality education, we need more budget. the government has said no hike in tuition fees but it must give something back to the universities and give the more subsidies. otherwise universities say they cannot deliver a quality education. this is not the end of the story. anchor: you look at the anger in these students' faces, you have a society that is still divided and nothing has changed when it comes to the education accessibility in the country, right? reporter: definitely. that is one of the biggest problems in south africa. it is not just the university level. it starts at primary school and
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at high school. there is a big divide between public schools, government funded schools, and private schools. private schools are very expensive while public schools are cheaper, almost for free. but the quality is bad. most of the kids will never make it to university or not qualified. we see kids in high school not being able to write, not being able to do math. so it starts at the bottom and it is something south africa must fix otherwise this new generation will have another -- will never have a future in south africa. anchor: a very important point to make there. think you very much. here is what is ahead. a bombshell. ahead of the -- a head of the
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anchor: you are with dw live from berlin. mexico has been down the hatches while it waits for hurricane patricia to make landfall. the category five storm is said to be the biggest storm ever in the western hemisphere. after violence erupted in south africa the government says it will back down on plans to raise tuition fees for students. demonstrators trying to storm a government compound in pretoria. police respond with water canyon -- water cannon and stun grenades. a little bit home or on the
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business markets. confidence has returned to global finance markets in a big way. >> it is a perfect storm went all the factors come together and you see this big boost. that is what we are seeing here in europe. asian equities surge, wall street also rose, a lot of different factors have come together around the same time. china's surprise rate cuts and a fresh batch of results for american tech giants. first of breakdown of the big critters this earnings season. google's new parent company after bit beat profit estimates. it's earning surging almost 50% on the same quarter last year. technology giant microsoft issued an earnings report showing slight gains thanks to growth and more promising lines of business like mobile apps and cloud computing. amazon surprised analysts with profits when they expected a
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loss. that makes amazon worth an estimated $300 billion on wall street. though that is less than the other two tech companies. with the estimated capital at $400 billion and alphabet coming in at over $500 billion. they were bested by apple with its current valuation of $658 billion. that makes them some of the most valuable companies in the world including facebook, the top five u.s. tech companies alone are worth more than $2 trillion combined. anchor: all i have been reading about the past month is sluggish global demand. the big tech companies, are they untouchable?
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>> not everything was picture-perfect. revenue decreased by about 12%. they gained in the right areas, in the promising areas like computer and especially when it comes to microsoft, that is a rather boring stock if you look at the past couple of months. on friday there was a monster move, the stock gained 10% and for google and amazon it is a good quarter. we know that they spend a lot and they do not make money. for second consecutive quarter we saw a profit. therefore we saw all -- quite a move in the stock. earnings season has not been great. they did convince wall street. but we'll see how they do when apple is out with earnings next week. anchor: what is so stimulating
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about the stimulus coming out of china at the moment of the plants here in europe? reporter: whenever they hear cheap money they jump into the stock market. we are up for the fourth consecutive week. also for the year. we are in positive territory. there is a rally that started when we got weaker than expected numbers from the labor market. that increased speculation that also in the united states the federal reserve will not increase interest rates anytime soon. the next tech meeting next wednesday. nothing will happen over there. there is a chance we might see a chance -- an increase in interest rates. now that the people's bank of china are actually giving more stimulus to the markets, it
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seems less likely that the federal reserve will move because if the federal reserve would move that could increase the pressure on the dollar meeting that the dollars could gain further. that is basically also here on wall street why we see a massive move to resolve this cheap money flooding the market but that does not mean that the real economy is that strong as it seems if you look at the stock markets. anchor: cheap and easy money. are we all that simple? thank you very much. argentinians pick a new president for the first time in almost a decade. the same financial wars are hovering over the heads of candidates. it borrowed billions to prop up its banks are you the government still has not paid back some international lenders. they want their money back and their suing. that could triple the nation's
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debt bill. presidential candidates cannot ignore this one. reporter: the vultures are still circling over argentina, that is what the president calls hedge funds. most bondholders agreed to take a haircut on their loans. that helped argentina's economy recover and reduce its debt. when the u.s. supreme court ruled in favor of the hedge funds holding out for fll repayment president cristina kirchner ignore the ruling and refuse to pay up. the company -- country went into default and it started rising again. kershner argued that if argentina were to comply with the ruling, that would give lenders who agreed to a haircut the right to demand full repayment as well. argentina's default scared away foreign investors and inflation climbed to more than 20% in 2014.
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the confrontational approach makes a way out of the crisis seem unlikely. and that has emboldened the other presidential candidates. >> argentina has the will and the capacity to pay but at the same time, we are looking for a solution that is both socially acceptable and profitable for our country. >> argentina owes the u.s. hedge funds just under $2 billion but further successful lawsuits could increase that up to $6 billion. the imf expects argentina's economy to shrink by 0.7% next year. so any hope of a turnaround may have to come with the election of a new president who could reach an agreement with the lenders. anchor: and time for an old sports scandal. >> friday is the day to do it. the question lingers and refuses
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to go away, did the country's soccer federation by its way into getting the right to host the 2006 world cup and it is getting uglier. the former president of germany's football federation says there was indeed a slush fund. he was president at the time. when he says contradicts what the current president says. he insists and there was and and the boarding -- the awarding of the cup was notb bought. >> we will find out who is telling the truth. there is a lot of he said/he said. bring us up to speed. >> spiegel said votes were
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bought. there was an internal investigation. they said two things. no vote buying and no/fund. they were looking into fraud and corruption. one thing he did mention was that beckenbauer -- to receive backing and financing, fifa rejected the claim. >> you have more information against the comments which fly in the face. liar, liar, pants on fire. he -- they have had bad blood
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between them, they have had several bitter feuds, that is common knowledge. it looks like he is trying to sprinkle some salt on their present wounds. >> if he knows this slush fund has existed the whole time, isn't he just as culpable for keeping his mouth shut? >> beautiful point. even germany's head coach has said that. he supports them but it was his responsibility. >> it is like a bunch of rotten eggs here. he has the dfb's backing. will we be sitting here in a couple days? >> they do want answers and they want a full explanation. they do not care how painful the truth is but everyone is standing behind him right now.
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>> i have a feeling we will be sitting here doing this all over again. thank you. that is going to rapid up for this edition of "dw news." it can follow me on twitter for all the latest news. thanks for watching and thanks for the company. see you next time. [captioning performed by the national captioning institute, which is responsible for its caption content and accuracy. visit ncicap.org]
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